Bithumb Suspends CHZ, SPURS & PEPPER for Chiliz Upgrade
Bithumb will suspend deposits and withdrawals for CHZ, SPURS and PEPPER at 03:00 UTC on September 9, 2025. This pause supports the upcoming Chiliz network upgrade, ensuring a smooth and secure transition. Trading on the exchange remains open, and user balances are protected throughout the maintenance.
Users should complete any CHZ, SPURS or PEPPER deposits and withdrawals before the deadline. Keep an eye on Bithumb’s official channels for the service resumption date. The Chiliz network upgrade will enhance security, scalability and performance for fan token transactions.
By planning transfers in advance and monitoring updates, traders can avoid disruption. The Chiliz network upgrade is a critical infrastructure improvement, reflecting the project’s commitment to stability and growth.
Neutral
The announcement of a temporary suspension for CHZ, SPURS and PEPPER deposits and withdrawals is a routine exchange maintenance step. It supports the Chiliz network upgrade, which is positive for long-term scalability and security but carries minimal immediate market impact. Traders can still execute spot trades, and user assets remain secure. Historical precedents show that planned network upgrades and exchange suspensions often result in short-lived volatility followed by stabilization. In both short and long term, this event is neutral: it maintains user confidence without directly driving prices up or down.